Board, Panel and Commission Meetings:
Urban Design Panel:
March 21, 2012
Onni Group has applied to the City of Vancouver to rezone 1695 Main Street. Rezoning of this site from M-2 (Industrial) District to CD-1 (Comprehensive Development) District was approved at a Public Hearing in 2006. The proposal is to increase the permitted residential floor space from 3.5 floor space ratio (FSR) to 4.1 FSR and increase the permitted height from 13 storeys (38 m) to 15 storeys (47.9 m). This zoning amendment is considered concurrently with development permit no. DE411865.

Curious to see what's going to happen between James and WCFC? Are there any plans to have some retail on West 1st? Speaking of 1st, I guess with the latest Translink news the odds of the tram have gone done to zero.

James looks chunkier than I expected. That thing on top really makes it look massive.

I have to say Foundry has held up pretty well against the newcomers. I prefer its proportions and color scheme.

Vancouver paid down $81 million of its outstanding loan on the Olympic Village last year and registered a promising number of sales in the first four months of 2012, according to the city's 2011 year-end financial report.

The city will likely recover enough money over the next three years to repay the $434 million remaining on the $572-million loan it gave to Millennium Developments, which built the village on Southeast False Creek but then went into voluntary receivership in 2010.

"Everything seems to be moving in the right direction," Vancouver Coun. Geoff Meggs said Friday. "We've had good sales through the receiver this year — I think 28 so far — and [commercial] leasing is good and occupancy is high."

But that still won't get the city close to recovering the outstanding $175 million Millennium promised to pay Vancouver for the land in addition to the construction loan, Meggs said.

Later in the article it says they sold 177 units last year, which left 297 remaining at the end of December, 2011. Also interesting is that the City liquidated 10 of the 32 properties that Millennium put up as collateral on their outstanding loan to the City. This year they expect to sell all but one of the remaining properties.

A couple things:
1) Urband Fare is opening mid-June
2) The new Executive development on W 2nd between Columbia and Manitoba is now called the Residences at WEST. The first phase of 190 units and 20K sq ft of retail has already signed a bank and a coffee shop. 75 units are priced around the 300K mark to entice first time buyers. The second phase will have another 298 units and 23K sq ft of additional retail. www.liveatwest.com

A couple things:
1) Urband Fare is opening mid-June
2) The new Executive development on W 2nd between Columbia and Manitoba is now called the Residences at WEST. The first phase of 190 units and 20K sq ft of retail has already signed a bank and a coffee shop. 75 units are priced around the 300K mark to entice first time buyers. The second phase will have another 298 units and 23K sq ft of additional retail. Here's the website: liveatwest.com